Frequently Asked Questions

  1. What Does Allah Says About Business?

Eat not up your property among yourselves unjustly except it be a trade amongst you, by mutual consent. And do not kill yourselves (nor kill one another). Surely, Allah is Most Merciful to you.”

  1. What Does Prophet Muhammad Say About Business?

The Prophet (p) was asked which was the best kind of earning, he replied: That for which a man works with his hands. And honest trading. Those who take bribes and those who give bribes are cursed by God.

  1. What Are Some Halal Investments?

Some Halal investments are;

  • Sukuk Bonds
  • Ijarah
  • Murabaha
  • Halal equity funds
      4. Is Bitcoin Halal Or Haram?

It is Halal

  1. How Do You Become An Entrepreneur The Halal Way?

By becoming a Muslim, believe in Halal and also follow these guidelines;

  • Start your business with the right intention
  • Seek Allah’s guidance
  • Posses excellent character
  • Work hard and be dedicated
  • Do not give up
6. Which Surah Is Good For Business?

Surah For Business Improvement.

7. How Do Muslims Do Business?
  • By making profit the secondary aim
  • By being truthful and honest
  • Being open to security and criticism
  • Being clean
  • By aiming at higher goal
  • By working with others in the market
  • They don’t sell Haram
9. What Is The Difference Between Haram And Halal?

The clear difference between Halal and Haram is; in Halal, food items are permissible according to Islam, while Haram foods are harmful and thus not fit for consumption of Muslims. An animal that is not slaughtered in the name of Allah or by a Muslim according to Islamic rites is considered Haram.

10. Where Did Prophet First Go For Business?


11. How Do Muslims Succeed In Business?

Muslims can succeed through the following means;

  • Setting out with a good intention
  • Indulging in ‘Halal’ transactions
  • Building trust through sincerity
  • Observing Steady cash flow process
  • Starting little, and expanding large
12. How Much Does Halal Certification Cost?

Certification agency charges a fixed percentage fee on product sales, depending on the agency,the fee may be fixed to revenue, profit, or others who are determined.

13. What Does Islam Teach About Wealth?

Islam teaches that wealth is a pleasure of this life and that one can be distracted by this pleasure. The true believer is the one that deals with his wealth as if it is merely a worldly matter. Muslims are taught that their wealth does not follow them in the afterlife. They are also warned in the Quran not to hoard their wealth and to beware of greed.

14. Is Apple A Halal Stock?


15. What Is Takaful Insurance In Islam?

Takaful is a type of Islamic insurance wherein members bestow money into a pool system to guarantee each other against loss or damage.

16. How Much Profit Is Halal In Islam?

There is no fatwa or Aya or Hadith for the upper limit of sales profit in Islam. But monopolism is not acceptable in Islam.

17. What Common Business Practice Is Forbidden By Islam?

The main practices that are forbidden are;

  • Ambiguity in contracts
  • Gambling and games of chance
  • Fraud
  • Bribery
  • The use of false weights and measures
  • Taking others property unlawfully
  • Transactions on prohibited things
18. Is Passive Income Halal In Islam?

Yes, it is.